Attributes Sampling Is Used in Which of the Following Situations

Sampling with probability proportional to size. Select the members who fit the criteria which in this case will be 1 in 10 individuals.


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This statistical process helps determine whether internal controls are.

. Ratings 97 92 89 out of 92 people found this document helpful. In each of the following situations indicate whether a fixed F sequential S or discovery D attributes sampling plan is being used_____ 1The audit team has determined the tolerable rate of deviation to be 5 the risk of overreliance to be 10 and the expected population deviation rate to be zero_____ 2Based on the risk of overreliance expected population deviation rate and. Sampling Vegetation Attributes.

An audit team would be most likely to use attributes sampling in which of the following situations. Observe whether the duties of the accounts receivable clerk are separate from handling cash. Examining invoices and canceled checks in support of recorded operating.

Before a modified technique is used it. Attribute sampling is used in which of the following situations. Increasing the size of audit samples.

Acceptable risk of incorrect rejection d b. In each of the following situations select whether attribute A or variables V sampling is used. Sampling with probability proportional to size.

ATesting rates of deviations of controls. Examine a sample of. R ri r2i etc.

Selecting accounts receivable for confirmation of account balances. Attribute sampling checks whether an item is defective or not. Will be the elements of the sample.

The following terms require an expanded discussion beyond the scope of the Glossary of Terms. Testing rates of deviations of controls. Making an independent estimate of the amount of a FIFO inventory.

This preview shows page 21 - 22 out of 66 pages. Both A and B. BTesting the reasonableness of account balances.

When you are sampling ensure you represent the. Which of the following is. Attribute sampling is used in which of the following situations.

Or adjusted to fit specific resource situations or management objectives as long as the principles of the technique are maintained. Observe a sample of employees at various cash registers to ensure they log in to the system before they can begin processing transactions and subsequently log out when their shift is over to prevent unauthorized access to the cash registers. Attribute sampling is used in which of the following situations.

Performing analytical procedures during the planning stages of the audit. Every nth item being selected after a random start. Need to estimate some amount.

None as sampling does not seem appropriate in this situation. The sampling approach most likely to be used is. Making selections from a cash disbursements journal to test liabilities for understatement.

Statistical sampling is used when an auditor chooses to examine all purchases of equipment exceeding 100000 and to test the remaining items by analytical procedures. Attribute sampling is used in which of the following situations. Which of the following may be used to reduce the risk of nonsampling errors.

For example startups and NGOs usually conduct convenience sampling at a mall to distribute leaflets of upcoming events or promotion of a cause they do that by standing at the mall entrance and giving out pamphlets randomly. Attributes sampling would be an appropriate method to use. In which of the following situations is attribute sampling likely to be used.

The most efficient method of testing a large population is. In situations where there are resource limitations such as the initial stages of research convenience sampling is used. Define the non-statistical sampling method that is most effective and efficient.

Which one of the following is not a typical step used to implement an attribute sampling plan. It is a method of measuring quality that consists of noting the presence or absence of some characteristic attribute in each of the units under consideration. Determining the estimated number of occurrences of improperly authorized cash disbursements.

Attributes sampling would be an appropriate method to use on which one of the following procedures in an audit program. Evaluating managements integrity during the client acceptance process. Testing rates of deviations of controls.

Review sales transactions for large and unreasonable amounts. A type of statistical method that provides results in dollar terms. In selecting a sample for attribute testing systematic selection involves which of the following approaches.

Course Title ACG 4173. For which of the following audit tests would an auditor most likely use attribute sampling. Randomly choose the starting member r of the sample and add the interval to the random number to keep adding members in the sample.

A term relevant to sampling for tests of details. How systematic sampling works. Attribute sampling is used in audit procedures helping analyze the characteristics of a given population.

Examining invoices in support of the valuation of fixed asset additions. Which of the following is not a type of statistical method that provides results in dollar terms. Testing the reasonableness of account balances.

School Florida Atlantic University. In attribute sampling data is in the attribute form and the result either conforms or does not conform.


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